Holiday Letting a Large Property in the Cotswolds

If you’re looking to for a guide on holiday letting a large property in the Cotswolds, this is a must-read.

Most properties do well in regards to holiday letting in this area, especially those with traditional period character.

However, there is a lack of large self-catering accommodation available. This in turn produces higher demand and a fantastic return on investment for the owner.

Cotswolds Property History

The Cotswolds has a long history of working with wool, silk and other raw materials. As a result, many of the cottages in the area were built for farm labourers and factory workers. Most properties are small, typically with one or two bedrooms.

Larger properties are less common creating a restricted supply of big houses for the holiday letting market. Therefore, people are surprised to learn that the underlying demand for large holiday lets in the Cotswolds is very high.

The central location of the Cotswolds makes it the perfect location for large groups of people.

They are likely to get together to celebrate an event, such as a birthday, family gathering or reunion. Hotels often don’t appeal to large groups and can often be too expensive.

Holiday Letting a Large Property in the Cotswolds

Large holiday homes are a great solution for many groups. With enough room for everyone to stay under the same roof, they appeal to those wanting to gather together socially.

Although the initial price can sometimes seem quite high for a weekend, renting a large property can often work out to be surprisingly cost-effective on a per-person basis.

Out of Season Bookings

A further attribute of the demand for large Cotswold houses is that being event-driven, it is less impacted by seasonality.

Most people book large properties for the weekend and weekday stays year-round. Events such as birthdays, anniversaries and celebrations happen across the year.

At Manor Cottages, our experience has been that large holiday homes perform exceptionally well in the Cotswolds for this reason.

Good Housekeeping Bond

Damage control when holiday letting a large property is a big consideration.

By setting a high housekeeping bond it will provide protection for the property however, it can also detract from booking.

Finding the middle balance is essential. It might be more beneficial to claim through your home insurance or remove highly valuable items.

Features

When considering features for your large holiday let property in the Cotswolds, review your facilities on offer.

Does the property have a garden? If so, you’ll need to provide enough seating for how many guests the property can house.

If the property is appealing to large groups of people, could you install a hot tub?

Remote locations can be difficult for guests. By setting up a games room, lawn games and having decent WIFI it can make all the difference to a stay.

At Manor Cottages, our expertise lies within maximising owner profits on large properties. We can offer owners detailed support and advice on key holiday letting factors. This includes furnishing, pricing, occupancy, security deposits and how to find the right housekeeper. Get your free owner pack and contact us today.